Sally and David bring up a great point in their most recent blog post. The market is strong in many areas and low offers on well priced homes may not get a response from the seller.

Via Sally & David Hanson WI Realtors Luxury\Short Sale\CDPE\ABR\e-Pro\REDS (Keller Williams 414-525-0563):

Under Contract  Bring on the Sellabrations...the Buyers are Out ...the Buyers are Out !  It was an exciting weekend with multiple offers on several well priced properties.....and as you browse through MLS you see the "Active with Offer" indicators everywhere...HURRAY !!!

   Homes all dressed up and ready to sell...priced at appraisable prices...ARE selling....a wonderful welcome to spring...and a boost in recovery to the market.

    Along with the wonderful offers....written by agents and buyers who understand that some homes...even those recently listed ....ARE priced to SELL and not to sit....and with that in mind, got out their pens and put their money where there House is...or will be....and wrote an offer like they meant it.

      Then......there were some offers....where both buyers and agents used the "plucked from thin air" price approach....an insult to the Sellers....an effort to steal...despite the agent being that multiple offers would be presented.  Yes, yes...we know...the agent is "just the messenger"....they have to write what the buyer demands. 

  Flying money   One offer was especially low....on a property that had not been on the market less than a week....maybe the agent didn't get the message we left...So I emailed again....politely and professionally...."Did you know that there are multiple offers on this property that will be presented tomorrow ?
    The contract indicated that the agent was a Buyer's agent...."Yes...." he replied promptly..."They wrote for what the property was worth."  Hmmmm....I checked the agent's sales production in MLS....one house sold in the last year....outside of the four county area at a very low price....With multiple offers, the Sellers elected not to respond to the offer and chose one that was well written with a solid price supported by documented financing and earnest money.

     Everyone is entitled to their opinion....best to assist the buyer with the facts...comparable homes that have sold...Whether you work under contract with a buyer as an agent...OR you are a Buyer working with an agent...thin air prices are not the buying mode of the day.  Just as a Seller may examine the sales record of an agent who will list a home...it's a good idea to learn the experience of an agent that is writing an offer.

                                        If you really want to own/sell a home.....why risk insulting the Seller....losing a house you really want to call home...Take the advice of an agent that has successful experience.....and live happily ever after.

              If you are looking to live happily ever after in southeastern Wisconsin...call the Hansons...we are proud to be your ambassadors to the state we have called home for a lifetime....and know you will too.

 

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS

Sally K. & David L. Hanson  

________________________________________________________________________________________________________

                                     

THE JACKSON TEAM  614.888.1000   614.431.1220

VISIT US AT WWW.THEJACKSONTEAM.NET

 

3 Comments on Our Sellers Are Electing NOT to Respond to Your Offer.....

APR
03
2012
146,511 Points 1 Featured Post

Oh boy are you so right!!  Austin and surrounding areas are hot, hot hot.... lowball offers - not even going there.  Read my blog today...I am going to talk about the same thing and what we are experiencing here in Central Texas

5:14am • #1
3 Featured Posts

Unfortunately sometimes you end up representing a buyer that insists on making those low offers. Throwing mud at the wall to see what will stick. Of course you always have the option of ending your relationship with that client, which is probably the smart thing to do.

5:17am • #2
1 Featured Post

Multiple offers? No response necessary. A single low offer? You can't blame 'em for trying because it may be a seller who has the "Let's price it high and we can always come down" attitude. As they say oin the adult diaper business-------------depends.

5:32am • #3


Captcha

Drag the robot to the circle on the side.

Image?id=6a03fbcc322719d4227e585b8ab048df072a8c18 Image?id=aaa4e1c8aa6738c3f8675a046a01911a576ddf07 Image?id=7ac7ddf3ed6ffc85dc5172e585b03b5ccdf2e242 Image?id=5b1aa258c29a9a425b08b42e16081807699ab08a Image?id=dc5b42ec6da3e7b978d118ae15b91cc352c3056a

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:

Leave a response…


(optional)
Captcha

Drag the music-note to the circle on the side.

Image?id=54abba7da21aeda4091fb73e2a905e1d85d88abb Image?id=2ce917100aa7a4fce7a46423c7bc829584a0d987 Image?id=eab91442b3e0ce50ef7fd2baee2f723ad0fc5ebc Image?id=8d010955c52cc95c65dd907e0eb3eb77d29481e3 Image?id=8f3216205041002a04903319c1bf795fe58bb112

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:

 
Joe Jackson (Keller Williams Capital Partners Realty) Rainmaker_large

Joe Jackson

Columbus, OH

More about me…

Keller Williams Capital Partners Realty

Address: 100 E Wilson Bridge Rd , suite 100, Worthington, OH, 43085

Office Phone: (614) 888-1000 x 322

Email Me

Real Estate and Community news from Clintonville, Worthington and Columbus, Ohio http://www.thejacksonteam.net/Default.aspx http://www.facebook.com/JoeJacksonAtKellerWilliamsCapitalPartnersRealty


Listings

Links

Archives

RSS 2.0 Feed for this blog